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Geely to manufacture intelligent new energy commercial vehicles in Shangrao
Geely to manufacture intelligent new energy commercial vehicles in Shangrao

Geely signed several agreements with Shangrao government and Shangrao Economic & Technological Development Zone on projects of intelligent new energy commercial vehicles.

Jan. 15 , 2018
Alibaba to head for autonomous driving?
Alibaba to head for autonomous driving?

It is reported that iDST, the algorithm/data R&D team of Alibaba Group, ranked first in three road segmentation missions on KITTI platform, including two missions of particular scenario, UU_ROAD and UMM_ROAD with accuracy rate of 96.06% and 97.70%.

Jan. 15 , 2018
China recalls over 20 million vehicles in 2017
China recalls over 20 million vehicles in 2017

It is revealed that a total of 251 recalls were issued last year, concerning a new high of 20,048,000 vehicles.

Jan. 15 , 2018
NEV subsidies likely to decrease ahead of schedule in May
NEV subsidies likely to decrease ahead of schedule in May

It is rumored that the reduction of NEV subsidies will be implemented ahead of schedule. As is said, the reduction program of NEV subsidy will be published by the end of January and will take effect on May 1.

Jan. 15 , 2018
Zotye fails to complete 80% sales target in 2017
Zotye fails to complete 80% sales target in 2017

Zotye Auto released its 2017 sales on Jan.12, showing that the 2017 sales exceeded 300,000 units with a year-on-year drop of 4.8%, far beyond the average YoY sales increase of 1.4% in Chinese passenger vehicle market.

Jan. 12 , 2018
FAW-VW to produce 9 new models in 2018
FAW-VW to produce 9 new models in 2018

January 11, 2018, Liu Yigong, chairman and general-manager of FAW-Volkswagen (FAW-VW) stated that there are 9 new models will be put into production in 2018. The automaker will focus on SUV area and challenge the annual sales target of 2.1 million.

Jan. 12 , 2018